IND AS 116 - LEASES IN 1 HOUR - CA FINAL FR - BY BHAVIK CHOKSHI

[@cabhavikchokshi]

Board Notes: drive.google.com/drive/folders/19SQXDfK_OMTUIo0D-EuYhkohpMguZzBF

[@hariharasubramanian.s1848]

Kindly post a video for gfrs sir!

[@hariharasubramanian.s1848]

Kindly post a video for gfrs!

[@dayabharwani1582]

sir can u pls share board notes for ind as 37,10,8 [e-mail]

[@shubhamagrawal7273]

sir can you send a board notes for IND as 2,16,19,36,38,103,110,115 and 116 [e-mail]

[@JERRRY1]

Sir Hindi m lecture liya kijiye👍

[@laxmanambadi1060]

INTRO: 0:39 (I) WHAT IS LEASE? Lease Definition: 2:18 Indentified asset: 2:56 Right to control: 8:54 (II) SEPARATION Separation: 12:07 (III) KEY TERMS: Dates: 17:16 Lease Payments: 24:00 Discount Rate: 30:19 (IV) LESSEE ACCOUNTING

[@deepikajoshi89]

Ty

[@mehakjain2605]

Scored 67 in FR and 60 in SFM and now watching it again for interviews. Thankyou so much sir Edit: got selected in interviews

[@piyalibhattacharya2153]

Which company did you get selected?

[@abhinavraj4015]

jutthe paad rhi hai😬

[@SIDDHANTHDAS]

​@@abhinavraj4015Aisa kyun likhe ho Sir?

[@saloniahuja7953]

Always read comments saying - now watching it as a CA and finally now I am watching it as. Chartered Accountant!

[@akshaychavare9421]

Same here

[@adhipdongshanwar3887]

Thank you so much Bhavik Sir 🙏🙏🙏 I am a CA now .....cleared in Nov 2020 . I watched this lecture and all your lectures of FR and SFM during my preparation and got 66 in FR and 56 in SFM . Your One hour revisionary lectures on all IND AS were of great help .Everytime I would revise IND AS thorugh your revisionary videos. Though I didnt take your classes but your lectures on youtube were the only guidance and support for FR . I highly appreciate your way of "to the point teaching " and would suggest all my friends and juniors to follow you and learn from you.

[@nikitabudhia5897]

You are a massiah for the CA fraternity Sir. I still watch your videos after clearing CA too. Keep going us and keep spreading knowledge to fellow students like us .

[@harshkumar2695]

What I regret most as far as Ca final FR is concerned is not taking classes from you. Your revision lectures are very helpful. Now if anyone ask me of any faculty for FR I straight forward take your name. Thank you so much!!

[@cadurgaprasad3804]

Separation 12:00 Key terms 17:20 Lease payments 23:58 RECOGNITION EXEMPTIONS and Accng 31:40 Initial recognition and sub 44:20 Accounting books of lessor 45:30 Special cases 51:15

[@prachiagrawal3563]

Thank you

[@caatharvkolte9041]

Transition approach... 56:19

[@theresafernandes2113]

Lease modification 59:26

[@gyanendrapandey604]

Thanks

[@PixelPonyStudio]

Hey Bhavik, I am too a CA. I have seen a lot of recorded videos on various accounting topics but got to say you have become my top 3 teaching faculty. Loved your vids on Indas 116 ( summary + detailed). Your way putting things in simplified manner is the best part. Keep up. Very happy to see such quality teaching content.

[@N1ck279]

Top 3 for FR or general ; who are other 2 ? Just curious !

[@woawolf]

@@N1ck279 me

[@saisenu3919]

who is that one dislike, definitely might be some engineering or doctor or other stream students who might have clicked to video due to lockdown bordom

[@praveench6189]

Some haters 😂

[@vyomthakur1831]

*boredom

[@abhishekmitra4908]

😅😅😅😅😅😅😅😅😅😅😅

[@kanushikadhanuka9676]

Key terms - 17:17 Accounting - 31:51 Manufacturer & dealer lessor - 49:08

[@pavankulkarni3565]

Right to control the use 00:08:56 Separation of Lease & Non Lease Components 00:12:09 Key Terms 00:17:19

[@anushkas8462]

48:01 acc in finance lease 52:51 sale n leaseback

[@chetanaiyer3022]

Most required video..!at the right time! Thanks a lot sir!!

[@ManishKumar-gq2dy]

59:27 Lease modifications. 1:04:36 Remeasurement

[@charusingh5741]

X

[@theroastingrangersshow4948]

Thanks is a very small word for u sir!!

[@vidhijain9366]

Excellent teaching!! The way you have summarised the whole Ind As with perfect examples is amazing!!Thanks a lot sir🙌🙏

[@vajitharafeeque9724]

Watched it previously as a CA FINAL Student Now watching for my interview after qualified Your videos are lifesaver sir Keep moving..😃😃😃

[@mayankagarwal4315]

Thank you So much, Sir. I am now watching this lecture for Interview preparation as CA. Your lecture helps a lot got 63 in FR and 73 in SFM.

[@nehatahaliani2517]

Only a genius can summarize such a complex and big chapter in an hour. Thank you so much sir🙌

[@tanvirustagi7892]

Amazing revision! Thank you for saving a life! :)

[@roshankumarpatro2104]

Preparing my interviews with the help of these❤️

[@devikarathi3024]

Thank you so much sir for u efforts all ❤️ from South Indian students 🙏😀

[@MindED_Matters]

Just the way I wanted it to be❤️

[@mudrabuchasia1946]

Sir - A solution to all the difficult areas in the least time with complete conceptual clarity 👍

[@funkyypavan]

Sir you can enter south India with one demo class. Your English speaking and conceptual clarity makes so much demand and also sets u apart from other lecturers. But according to the view point of south Indians price is a bit too high. Other than that everything is perfect.

[@vyomthakur1831]

You don't need to tell him what to do.

[@funkyypavan]

@@vyomthakur1831 yeah u also don't tell me what to talk. Nobody is asking so i took a step.

[@nehanathany4550]

Thank you, thank you, thank you!!!

[@rajanrathod2038]

6:43 It should be supplier should not have substitution rights ?

[@pranalitanpure1204]

This lecture is very useful. Thank you so much Sir. Especially your notes, it takes hardly half an hour to revise through notes.

[@anamikachintal3871]

59:25 lease modification

[@darshagrawal5394]

Thank you soo much sir... These revision lectures are of great help!

[@ChitStarkid94]

Fantastically explained! Thanks so much.

[@jilldedhia6636]

Thank you so much Sir! These revisionary videos are of super duper help! Please put for all important chapters, if possible . Thanks alot!

[@gurdarshangarryarora4536]

Thanks alot sir...appreciable efforts 🙏

[@chandni205]

Hi Sir, I'm a CA with 10 years post qual exp- and wanted an understand of the new LEase standard and watched your video. Its excellent to get a brief but thorough understanding of important concepts of the new standard, thank you!

[@akhilkhurana9819]

Lease was the toughest topic for me until i watched your revision video lecture ! You made Leases so easy. I am gonna watch every video of yours now for revision. 👍 Thankyou sir.

[@bhargavsharma8867]

Thank God, I found this awesome revision video. Thank You so much Sir for make such a huge topic revisable in only 1 hour

[@faheemac.v.9777]

May God bless you forever sir..in sharing this helpful video..😍

[@srinusri1928]

Thanks a lot sir Your revision videos are helping us a lot

[@kaushanivejani]

Sir aap FR ke liye hamare bhagwaan ho 🙏🙏 Thankyou so much

[@preston433]

So crisp and simplified ... Thanks a ton

[@apurvamazumdar4782]

Amazing summary video... Thank you Sir

[@revatilokhande7121]

Thanks a lot for the video 🙏

[@kalyankumar4993]

Very useful, thank you 🙏

[@sricharansarabu394]

Lessor to recognise operating lease at SLM basis unless more systematic approach is available (like if there are escalations etc)

[@nalinisharma9840]

Thank you so much sir this is really helpful. Really appreciate your efforts !!

[@kidscorner4004]

Much needed charts and much needed explanations.. Sir you are just amazing.. 😇😇

[@swarajkargutkar6994]

You are a saviour sirr... Thank you so much!!

[@farheenkhan6367]

Thank you so much for the clarity sir😍🙏🏻

[@spchoudhary8566]

Thank you so much sir 🙏🙏

[@hatimse-learning-hatimramp8664]

Thanx sir .. I was actually needing this .. thanx once again ♥️👍

[@prasanthgurram197]

Tq sir you are awesome 😍😍😍😍

[@mt.loverest]

Sir your knowledge and power to make things easily understandable is as incredible as INDIA is in this universe

[@kirtimahendravyas3805]

Thank you sir for such an amazing help!!

[@manojveenem246]

Thank you sir ... Very clear and on to the point

[@ruthcdsilva]

Thanks! Watching your videos after clearing too

[@nehaagarwal8012]

Thanks alot... No one can do like u sir

[@Traveller_Guy]

Got selected in pwc india Thank u sir!!!!

[@venkateshtata3935]

Thank you so much sirrrrr🙏🙏🙏

[@harshas2384]

🙏🙏🙏🙏☺️☺️☺️ thank u so much sir with lot of respect because u giving more clarity and giving student point of view

[@cajavedakhter236]

Very informative about Ind As 116

[@richanagda3814]

I dont know how can i thank you. I had done the old ind as while in classes and now just before exam when i thought this chp would be very difficult you made it so easy with this amazing video. Thank you @bhavik chokshi

[@arunkaremane8958]

Conception cleared. Loved it ♥

[@niteshkukreja6367]

THANK YOU SO MUCH SIR

[@srikarananthula8022]

YOU ARE AWESOME SIR ! 🤟🤟💥 I'm just wondering how the standard like 116 be covered in 1hr, may be the faculty ignores few concepts.. but NOT EVEN a Single concept was ignored... 100% covered! Thanks a ton sir ! 👍

[@pawan1872]

Thankyou so much...so concise and on point revision

[@IQTEHDAR]

U r awesome sir.👍

[@arushiagrawal6482]

Thank you very much sir,... You are great

[@samansiraj476]

You are the best for FR. Thank you so much sir

[@deeksha274]

Thankyou so muchh sir☺️

[@shajithabanu3194]

Thank u sir...video was useful

[@cacsnamratamittal7871]

Conceptual clarity with precise content👌

[@ujjwalshah8723]

Sir this is an excellent lecture, it saved my time of taking 10 hour class and writting a heck of notes which are of no use

[@jeroldferreira3615]

Thank you for your efforts Sir

[@diwakar_ojha_97]

@bhavik chokshi sir, if you are reading this i have become a fan of your notes ;)

[@dhirajmatwani7559]

Thanks , this was really helpful 👍

[@clarissapereira6514]

Thanku soo much sir..

[@madhavhaygreev2026]

Wow thanks a ton for this prompt help sir. ❤

[@commercekibatye7236]

Got 78 in FR (Praveen Sharma).but watching your videos for interview preparation 😂. Grt notes and coverage within 1 hr

[@SIDDHANTHDAS]

What difference did you find in both like the way of communicating the concept?Can you just review a bit

[@brindaasri]

Thanks a lot Sir!

[@chitturipoojitha3262]

Thank u sir for your efforts. Well understood

[@vaishaligupta7579]

Commendable efforts Sir. 👏

[@padamjain6326]

Thank You so much Sir

[@CA_Tax_Investment_Fun]

Thank you so much sir, It really help a lot

[@komalingole9750]

Excellent as always, your art of simplifying the complex most concepts is so wonderful. And apart from that the way you explain inclusing the acronyms you use and every simple concept from base. I have tried watching other Prof., revision videos since I am studying on my own and it really bogged me down when they come up with "Since this is revision and you are expected to know this by now" , nothing wrong with it and no offence to them but I really appreciate how you go from the simplest thing witha base and gratified with your inspiring approach! Thanks a lot Sir! I am pretty sure if someone who ask me for FR, I would recommend you, you are just so amazing. Thanks a lot again Sir!

[@innovateeducation8585]

Thanks alot sir. In short span covered all topics

[@divyeshjain5370]

Thanks so much Sir :-)

[@SaDeescartoon]

OMG What a lecture on INDAS116 nailed it ,loved this.

[@dr.s.rosalinejayanthi405]

Excellent teaching 👌

[@AB-ou7pd]

52:40 sale and lease back

[@rashijain9164]

Probly the best❤

[@RamaKrishna-qm2ey]

Not probably, certainly it is

[@vineethasatishjossyabhatla4622]

u r like saviour sir

[@vinitsinghchouhan5008]

Thank you soo much sir.. you really put soo much of efforts for revision lecture and it really helps alot. God really blesses you for such a help of all student. Thank you again sir.

[@mansijain3440]

Very helpful for revision purpose...Thank you Sir... 👍

[@nikitagarg4919]

Sir you are the best mentor❤️

[@tejeshwinigowdaclasses]

Thank u so much sir. It helped me a lot for my preparation.

[@XHTOMAR]

Thanks for the video Sir, it is really helpful

[@radhikagohil2471]

Much needed one 🙌

[@husainujjainwala8553]

Hi Sir, one small correction, short term leases (41:40) are lease having lease term of 12 months or less from commencement date. Thanks ✌️

[@Itsmehappypanda]

Thank you sir....